Tenant-Occupied Duplex with
New
For Sale
$620,000
1249 W 2nd St, Los Angeles, CA 90026
Residential Income, A-Frame, Los Angeles, CA
Property Size1,130 SF
Lot Size0.06 Acres
Price / SF$548.67
Days on Market3
Property Features for 1249 W 2nd St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C2(CW)-U/3
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
Appliances
Oven-Gas
Directions
Two blocks west of Figueroa Street on W 2nd Street, between Bixel Street and Edgeware Rd.
Subdivision
Downtown L.A.
Standard status
Active
APN
5152-008-018
Size
1,130 SF
Lot size
0.06 Acres
Utilities
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Flooring type
Hardwood
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Larchmont · Keller Williams Realty
(323) 762-2600
Listed By:
Michael Flanagan · License #01836941
(310) 266-2959
Added: Sep 1
Changed: Sep 2
Last Checked: Sep 3 at 11:06AM
MLS# 26943079
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This tenant-occupied duplex contains two one-bedroom, one-bathroom residences within approximately 1,130 square feet. The 0.061-acre property was built in 1920 and includes hardwood flooring, gas-oven appliances, ceiling-fan cooling, an asphalt roof, and public water service. Each unit contributes to the existing residential configuration, while prominent billboard signage provides an additional income stream under a month-to-month agreement.
The property is located at 1249 W 2nd St in Los Angeles, near Downtown LA. The Shakespeare Center of Los Angeles is around the corner, and Vista Hermosa Natural Park is one block away, with picnic areas, green space, summer theatrical performances, and an adjoining soccer field. The site is identified as TOC Tier 3, and the source information also describes possible development, commercial, live/work, or business-front applications.
The property is located at 1249 W 2nd St in Los Angeles, near Downtown LA. The Shakespeare Center of Los Angeles is around the corner, and Vista Hermosa Natural Park is one block away, with picnic areas, green space, summer theatrical performances, and an adjoining soccer field. The site is identified as TOC Tier 3, and the source information also describes possible development, commercial, live/work, or business-front applications.
Key Highlights
- Two 1‑bedroom, 1‑bathroom units in a tenant‑occupied duplex
- Approximately 1,130 square feet on a 0.061‑acre lot
- Billboard signage agreement is month‑to‑month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,818
Businesses Nearby
Explore this area
Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom units provide existing residential income with separate billboard revenue.
Where is this duplex located?
The property is located at 1249 W 2nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bathroom units in a tenant‑occupied duplex; Approximately 1,130 square feet on a 0.061‑acre lot; Billboard signage agreement is month‑to‑month
